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Autodesk reports 14% Q1 profit increase

Posted: 05.18.12
Autodesk Inc. said Thursday that is first-quarter profit rose 14 percent as revenue rose sharply, it expects revenue in the current quarter to be between $580 million and $600 million. Autodesk expects full-year revenue to be up at least 10 percent from last year when revenue was $2.22 billion. That implies revenue of at least roughly $2.44 billion. Read more on Autodesk's announcement HERE.